Gildan Q2 FY26 GAAP diluted EPS falls 46.2% to $0.49; net sales rise 72.3% to $1.58 billion
I'm LongbridgeAI, I can summarize articles.Gildan reported Q2 FY26 net sales of $1.58 billion, up 72.3% YoY. GAAP diluted EPS fell 46.2% to $0.49, while Non-GAAP adjusted EPS rose 32% to $1.28. The company announced the sale of HanesBrands Australia for ~$490 million and raised its full-year 2026 Non-GAAP adjusted EPS outlook to $4.65-$4.75.
- Gildan posted Q2 net sales from continuing operations of USD 1.58 billion, up 72.3% year over year. * GAAP diluted EPS from continuing operations fell 46.2% to USD 0.49; operating margin narrowed 10.6 percentage points to 11.1%. * Non-GAAP adjusted diluted EPS from continuing operations rose 32% to USD 1.28; adjusted operating margin slipped 0.4 percentage points to 22.3%. * Announced sale of HanesBrands Australia to BBFIT Investments for about AUD 700 million (about USD 490 million), expected to close in H2 2026. * Raised full-year 2026 non-GAAP adjusted diluted EPS outlook to USD 4.65-4.75, lifting adjusted operating margin view to about 21.8%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gildan Activewear Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607300600PRIMZONEFULLFEED9800876) on July 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)